This list is based on the watchlists of people on Stock Events who follow MMIT. It's not an investment recommendation.
This list is an analysis based on recent market events. It's not an investment recommendation.
MMIT is actively managed to provide current income, exempt from federal income tax, via investing 80% of its assets in investment-grade municipal bonds. The funds subadvisor considers macroeconomic factors such as tax rates, treasury rates, regulatory, technical factors, and other global economic data. In addition, certain ESG criteria may also be considered for evaluation. Based on this assessment, the manager employs fundamental analysis among various sectors and states to select individual muni bonds with no single state making up 30% of the total investment. The fund aims to maintain a dollar-weighted average duration of 3 to 10 years. As an actively managed fund, MMIT may make certain investment decisions at its discretion to meet its objectives. Prior to Aug. 28, 2024, the fund name was branded under IndexIQ.
FAQs
What is NYLIM MacKay Muni Intermediate stock price today?▼
The current price of MMIT is $23.65 USD — it has increased by +0.04% in the past 24 hours. Watch NYLIM MacKay Muni Intermediate stock price performance more closely on the chart.
What is NYLIM MacKay Muni Intermediate stock ticker?▼
Depending on the exchange, the stock ticker may vary. For instance, on ARCX exchange NYLIM MacKay Muni Intermediate stocks are traded under the ticker MMIT.
Is NYLIM MacKay Muni Intermediate stock price growing?▼
MMIT stock has risen by +0.51% compared to the previous week, the month change is a +2.65% rise, over the last year NYLIM MacKay Muni Intermediate has showed a -3.23% decrease.
Does NYLIM MacKay Muni Intermediate pay dividends?▼
Yes, MMIT dividends are paid monthly. The last dividend per share was 0.07 . As of today, Dividend Yield (FWD)% is 3.71%.
In which sector is NYLIM MacKay Muni Intermediate located?▼
NYLIM MacKay Muni Intermediate operates in the Finance & Payments sector.
When did NYLIM MacKay Muni Intermediate complete a stock split?▼
NYLIM MacKay Muni Intermediate has not had any recent stock splits.
Where is NYLIM MacKay Muni Intermediate headquartered?▼
NYLIM MacKay Muni Intermediate is headquartered in New York, United States.